First of all, SCOTUS must rule. They might not throw out the subsidies at all.
After they rule, I'm thinking America will demand some sort of transition.
My heart goes out to agents who would feel a large impact on their book of business if this rug is yanked out. It's not the first time the rug has been yanked! I've been designing my own business model to try to put eggs in a lot of baskets for just this reason. It's not just the potential loss of subsidies that could cause a major disruption - there are a lot of rugs to yank! And my own business model would certainly feel the earthquake. I write a lot of small group, which is in the same risk pool with IFP. Even large group would be impacted greatly by loss of subsidies in IFP. And, don't forget that the large group penalty would be toothless if there were no subsidies to trigger the penalty.
it's a major rug yanker, that's for sure.
After they rule, I'm thinking America will demand some sort of transition.
My heart goes out to agents who would feel a large impact on their book of business if this rug is yanked out. It's not the first time the rug has been yanked! I've been designing my own business model to try to put eggs in a lot of baskets for just this reason. It's not just the potential loss of subsidies that could cause a major disruption - there are a lot of rugs to yank! And my own business model would certainly feel the earthquake. I write a lot of small group, which is in the same risk pool with IFP. Even large group would be impacted greatly by loss of subsidies in IFP. And, don't forget that the large group penalty would be toothless if there were no subsidies to trigger the penalty.
it's a major rug yanker, that's for sure.